The following paragraph really made my day
The deal requires approval from 75 per cent of Arrium's creditors, who are furious with the lack of consultation from Arrium. Some banks are understood to be considering potential legal action against directors on the steelmaker's board.
Read more: http://www.smh.com.au/business/us-v...l-offshore-20160329-gntq4y.html#ixzz44N48wt54
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